Toshiba has announced a brand new projector that is designed for large venues such as board rooms, meeting halls, and conventions. The TDP-T420U features 4000 ANSI lumens and XGA (1024 x 768) resolution. The T420U is designed to be portable with a compact chassis and weighing less than 10 lbs, but it is also able to display a 300 inch diagonal screen. The T420U is very quiet with a 29 dB noise level. It also has a 3000 hour lamp life for a long running time and less maintenace. This model will be available in July and will retail for about $2679.

[via BusinessWire]

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